Series 6 - Investment Company And Variable Contracts Products Representative Exam
Which of the following statements about dollar cost averaging is true?
If the market prices of shares is up, more shares are purchasedA
If the market price of shares is down, more shares are purchasedB
An equal number of shares are purchased regardless of market priceC
It protects against loss.D
Using the dollar cost average method of investing, if the market price of shares is down, more shares are purchased.